I'm looking to purchase my first 10-unit apartment building in Ohio. I live in California, so I am not familiar with the local banks in Ohio. I did reach out to 1 local bank which was recommended by the listing agen...
Hi guys, I want to at least get a couple offers in on these 2 short sales I am interested in before I leave for vacation on Thursday. But I have been slammed with work and haven't been to a bank yet. To put in an init...
Hey BP! My parents own a 6 unit apartment. If I buy it off them then live in one unit and rent out the other 5. Will I still qualify for a lower intrest rate and mortgage rate because I live In the building. I know th...
Hello everyone, I´m new in this community, I will thank all your comments and advices.I`m a realtor and financial consultant located in Cancun, Mexico. We offer mortgages to our clients from USA and Canada who want to...
I have been looking at apartment buildings for sale and am wondering how folks make the 20-25% down payment? I have several other rental properties and have been able to implement the BRRR model in order to avoid larg...
Hello everyone,Apologies for the long post but I think it's warranted to see the magnitude of the factually inaccurate appraisal I received recently. I recently dealt with a bank who had approved my loan request throu...
So far, I’ve only done buy and hold residential real estate. I’m ready to start venturing into multi family and looking at some small apartment buildings (8-16 units) but wanted to get some recommendations on any book...
Hello everyone my name is Estevan. I own a home outright and its zoned R3 which means i can build an apartment on the property. I have about 200k cash, 725 credit score and almost zero debt. I can barrow additional fu...
Is there any way of getting a loan for a 7plex building in a hands-off approach (no checks and papertrail) similar to portfolio lenders? Tks all
Hello Everyone,I have a proposal from a very good friend in Europe for a real estate deal. I'd love to hear your thoughts and feedback. There is a lot of 2 apartments available for purchase. Appraisal: One at 320k and...